Investment Reports
Get to know the rationale behind great ideas for you to make sound long term investment decisions.
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Result Update:Tech Mahindra
Result Update:Tech Mahindra30 Jul 2021
Stocks covered (1)
We recommend a BUY rating and assign a 19x P/E multiple to its FY23E earnings of Rs 70/share which gives a TP of Rs 1,310/share, implying an upside of 16% from CMP. -
Result Update:TVS Motor Co.
Result Update:TVS Motor Co.30 Jul 2021
Stocks covered (1)
We continue to maintain our HOLD rating with a revised target price of Rs 570 (from Rs 600 earlier) valuing the company at 22x FY23EPS. -
Result Update:Colgate-Palmoliv
Result Update:Colgate-Palmoliv30 Jul 2021
Stocks covered (1)
Maintain BUY with revised TP of Rs. 1,875 (Rs. 1,835 earlier) as we roll forward our estimates to FY24E (40x its FY24E EPS). -
Result Update:CCL Products
Result Update:CCL Products30 Jul 2021
Stocks covered (1)
We maintain BUY with a revised TP of Rs 495, as we raise our target P/E multiple to 23x its FY24E EPS (20x earlier). -
Result Update:Apcotex Industri
Result Update:Apcotex Industri30 Jul 2021
Stocks covered (1)
This results in a rating upgrade to BUY (HOLD earlier) and revision in TP to Rs 410 (Rs 315 earlier) as we roll forward our estimates and multiple to FY24E EPS. -
Daily Fundamental View:30 July 2021
Daily Fundamental View:30 July 202130 Jul 2021
Asian markets are trading lower as China’s regulations over technology stocks weighed on investor sentiments. Nikkei is trading lower by 1.38%, Hang Seng is trading lower by 0.84% and Shanghai is trading lower by 0.56%. -
Daily Fundamental View:29 July 2021
Daily Fundamental View:29 July 202129 Jul 2021
Asian markets are trading in the green as stocks recover from the losses in previous sessions and investors take note of US monetary policy statement. Nikkei is trading higher by 0.38%, Hang Seng is trading higher by 1.84% and Shanghai is trading higher by 0.78%. -
Result Update:Maruti Suzuki
Result Update:Maruti Suzuki29 Jul 2021
Stocks covered (1)
We maintainour HOLD rating whilerevising our TP upwards to Rs 7,500(from Rs 6,950 earlier) and valuethe stock at 25x its FY23E EPS,implying an upside of 5% from CMP.